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Microcap & Penny Stocks : THNS - Technest Holdings (Prev. FNTN) -- Ignore unavailable to you. Want to Upgrade?


To: T.M.K. who wrote (11973)4/19/1999 8:59:00 AM
From: Radim Parchansky  Read Replies (2) | Respond to of 15313
 
Institutional buying?

Despite of some recent dissolution with FNTN due to somewhat slower visible progress (many things could be going behind the scenes) from the company it appears that larger accumulations have been happening last week and more important large buyers should be getting in this week as well.

This could indeed result in new 52 week high and in conjunction with the current market situation might also bring the price up in line with other similar i-net stocks.

I also feel strongly that FNTN web site will IMO see some significant changes, especially in charts which can become the best on the web if some of the ideas forwarded to the company will get implemented and I know FNTN is listening to some important suggestions. Also another PR is possible very soon, maybe this week as a lot of activities have been happening in terms of contract meetings etc.

As Wiz pointed out, the price base is very long and indicates large breakout at any time.
Large volume this week could be interpreted as accumulations by large players in the anticipation of a break out and is therefore very significant indicator to watch for.

Pirate